Form 4: Synchrony Financial Director Laurel Richie Acquires Dividend Equivalent Units
SEC Form 4 Filing
Director Laurel Richie acquired 143 dividend equivalent units of Synchrony Financial at $60.49 on May 15, 2025.
Summary
- On May 15, 2025, Laurel Richie, a director of Synchrony Financial, acquired 143 dividend equivalent units at a price of $60.49 per unit.
- These units are the economic equivalent of one share of Synchrony Financial common stock and were accrued as dividends on previously granted restricted stock units and deferred stock units.
- Following this transaction, Richie directly owns 47,240 Synchrony Financial securities.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. This filing indicates a director's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Laurel Richie acquired dividend equivalent units. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Synchrony Financial, dividend equivalent units, Form 4, director, Laurel Richie, beneficial ownership, securities, SYF
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